Money
Access Bank gives date, time ATM, mobile app other digital services will not work
Access Bank customers will experience service disruption on their digital platforms when carrying out transactions on Saturday and Sunday due to a system.
Dangote makes over N30bn in hours after donating N8bn at IBB’s book launch, gets new ranking
Nigeria and Africa's richest man has increased his net worth after making over N30 billion hours after donating N8 billion towards IBB's library project.
CBN updates naira to dollar exchange rates as official, black markets converge
The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and unofficial foreign exchange markets.
CBN releases new data on money supply in Nigeria, defends ATM new charges from March 1
The Central Bank of Nigeria has provided a statistical breakdown of the country's money supply, highlighting how government borrowing is driving the sharp increase.
Dollar crashes again: Official, black market exchange rates now equal
For the first time since 2023, the official and unofficial foreign exchange rates are at par, giving credence to the CBN's recent policies to stabilize the market.
CBN retains interest rates at 27.5%, Nigerian banks release savings rates
The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.
Wema Bank increases workers’ salary by 112%, pay structure of access, UBA, Zenith, GTB compared
Wema Bank one of Nigeria's financial institutions has joined other banks to adjust the salary of its workers, the payment structure is considered one of the best.
Rewane believes naira is undervalued as dollar crashes to new exchange rate in black market
Bismarck Rewane, chief executive officer of Financial Derivatives Company has reechoed the position of the CBN and also other financial experts on naira's value.
Parallex Bank MD, Olufemi Bakre, gets tenure extension
In recognition of his outstanding performance, the board of Parallex Bank Ltd approves tenure renewal of Dr Olufemi Bakre as MD of the bank for the next five years.
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